Center on Budget and Policy Priorities. December 2021. As pressure mounts for the Senate to pass the Build Back Better Plan, the Center on Budget and Policy Priorities (CBPP) continues to amplify critical reasons why the agenda must pass swiftly. Should the legislation not fully pass, CBPP is warning that one of the most damaging setbacks is the potential risk of pushing millions of children deeper into poverty. As it stands, under the American Rescue Plan, the increase of the Child Tax Credit (CTC) has provided a significant income boost for working families; to the tune of $3,000 per child for children over the age of six and $3,600 for children under the age of six. Additionally, the age limit was raised to 17, extending the eligibility opportunity for those who wouldn’t traditionally qualify.
5 Reasons Why Congress Should Quickly Pass Build Back Better